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Business, 07.08.2019 03:10 rmjracingz2185

Brief exercise 24-1 rihanna company is considering purchasing new equipment for $445,200. it is expected that the equipment will produce net annual cash flows of $53,000 over its 10-year useful life. annual depreciation will be $44,520. compute the cash payback period. (round answer to 1 decimal place, e. g. 10.5.)

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